505 Alfred Ave
Elgin, IL 60123
2 bd 1 ba 1,301 sqft Built 1933 Lot 7,150 sqft single_family
Most recent sale
$217,500
Oct 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 18, 2022 | Sold | $217,500 | MLS #11472496 |
| Jul 22, 2022 | Listed | $217,500 | MLS #11472496 |
| May 11, 2009 | Sold | $125,000 | Public Record |
| Sep 15, 2008 | Sold | $152,000 | Public Record |
| Sep 2, 2008 | Listed | $144,700 | MLS #07012132 |
| Apr 30, 2008 | Listed | $156,900 | MLS #06880833 |
| Jun 28, 1995 | Sold | $100,000 | Public Record |
| Aug 17, 1993 | Sold | $98,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $53,609 | $21,656 | $75,265 | $4,979 |
| 2024 | $53,609 | $21,656 | $75,265 | $4,747 |
| 2023 | $49,377 | $19,947 | $69,324 | $4,486 |
| 2022 | $40,675 | $16,432 | $57,107 | $4,951 |
| 2021 | $38,028 | $15,363 | $53,391 | $4,763 |
| 2020 | $36,304 | $14,666 | $50,970 | $4,649 |
| 2019 | $34,582 | $13,970 | $48,552 | $4,535 |
| 2018 | $32,578 | $13,161 | $45,739 | $4,522 |
| 2017 | $30,798 | $12,442 | $43,240 | $3,830 |
| 2016 | $28,572 | $11,543 | $40,115 | $3,638 |
| 2015 | $26,189 | $10,580 | $36,769 | $3,568 |
| 2014 | $25,866 | $10,449 | $36,315 | $3,807 |
| 2013 | $26,548 | $10,725 | $37,273 | $3,185 |
| 2012 | $28,676 | $11,585 | $40,261 | $3,502 |
| 2011 | $32,101 | $12,969 | $45,070 | $3,610 |
| 2009 | $45,276 | $15,388 | $60,664 | $4,307 |
| 2008 | $45,276 | $15,388 | $60,664 | $4,138 |
| 2007 | $43,821 | $14,894 | $58,715 | $4,082 |
| 2006 | $42,059 | $14,295 | $56,354 | $4,090 |
Property facts
Year built
1933
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,301 sqft
Lot size
7,150 sqft
ZIP code
60123
City
Elgin
Street
Alfred Ave
Coordinates
42.04590, -88.30543
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,342
Gross rental yield
12.92%
Implied cap rate
8.40%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Alfred Ave last sell?
505 Alfred Ave most recently sold on Oct 18, 2022 for $217,500.
What is the current tax assessment for 505 Alfred Ave?
The most recent total assessment for 505 Alfred Ave (year 2025) is $75,265 with $4,979 in property tax.
How does 505 Alfred Ave's assessment compare to its last sale price?
The current assessment is 65.4% below the last sale price of $217,500.
When was 505 Alfred Ave built?
505 Alfred Ave was built in 1933.
How does 505 Alfred Ave compare to others on Alfred Ave?
We track 8 other properties on Alfred Ave. Browse the list under "Other properties on Alfred Ave" to compare beds, baths, and sale history.
What are the property facts for 505 Alfred Ave?
505 Alfred Ave is a 2 bed, 1 bath, 1,301 sqft, 7,150 sqft lot single_family.
Is 505 Alfred Ave a flip candidate?
No — 505 Alfred Ave does not appear in our flips dataset.
Is 505 Alfred Ave a tax-appeal candidate?
No — 505 Alfred Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.4%
Implied 1-yr
+17.5%
2026 Q2
$368.8K
2026 Q3
$381.4K
ZIP 60123 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Alfred Ave